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If the board of directors authorizes a $250,000 restriction of retained earnings for a future plant expansion, the effect of this action is to Select

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If the board of directors authorizes a $250,000 restriction of retained earnings for a future plant expansion, the effect of this action is to Select one: O reduce the amount of retained earnings available for dividend declarations. O decrease total retained earnings and increase total liabilities. decrease total assets and total shareholders' equity. o increase shareholders' equity and to decrease total liabilities

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